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Violation Tracker Individual Record

Company: Allegro Law LLC and Allegro Financial Services LLC
Penalty: $12,000,000
Year: 2010
Date: February 24, 2010
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: The Alabama AG seized $12 million in assets and announced the shutdown of Allegro to stop what was called a deceptive and illegal debt relief operation.
Level of Government: state
Action Type: agency action
Agency: Alabama Attorney General
Civil or Criminal Case: civil
Facility State: Alabama
Source of Data: Targeted News Service, Attorney General, Securities Commission Obtain Order for Permanent Shutdown of One of the Largest Debt Settlement Schemes in the Nation Approximately $12 Million in Assets Seized, February 24, 2010 (via Nexis).
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.